The government’s ambitious goal of 4% economic growth this year will be difficult, requiring a lot of effort and a host of supporting factors such as higher exports, recovering foreign tourist arrivals and active private investment, says the Finance Ministry’s Fiscal Policy Office (FPO). FPO adviser Wuttipong Jittungsakul said if the government hopes to achieve […]
Read More[KUALA LUMPUR] The US Customs has found forced labour practices in Top Glove Corp Bhd’s production of disposable gloves and directed its ports to seize goods from the manufacturer, it said on Monday. In a statement overnight, US Customs and Border Protection (CBP) said it has sufficient information to determine labour abuses at the world’s […]
Read MoreThe Ministry of Industry and Trade (MoIT) has advised exporters around Vietnam to adopt necessary measures in order to minimise any economic damage posed by the stranded shipping vessel in the Suez Canal. The stranding of the 400m-long container ship Ever Given in the Suez Canal where over 10 percent of global cargo and 7 […]
Read MoreThailand’s labour force is recovering from a plunge last year that saw 3 million people lose their jobs because of the pandemic, though people with IT skill sets are in great demand as organisations gear up for digital transformation, according to job search platform JobsDB. People in Thailand need to improve their skill sets for […]
Read MoreMoody’s Investors Service announced Monday stable outlooks for the sovereign credit ratings of six ASEAN countries including Cambodia. In the March edition of its Inside ASEAN report, the U.S. rating agency said outlooks were stable for Cambodia (rated B2), Indonesia and the Philippines (both Baa2), Malaysia (A3), Singapore (Aaa) and Thailand (Baa1). At the same […]
Read MorePETALING JAYA: Malaysia’s February exports rose 17.6% year-on-year to RM87.57bil, on the back of rising global demand for semiconductors, rubber products as well as petroleum products and palm oil. According to the International Trade and Industry Ministry (Miti), this was the sixth consecutive month of export growth for Malaysia, as well as the country’s highest […]
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